Jewelry seized from former Spanish PM Zapatero valued at 1.3 million euros
Translated from Spanish, summarized and contextualized by DistantNews.
At a glance
- Police in Spain have seized jewelry valued at approximately 1.3 million euros from the office of former Prime Minister José Luis Rodríguez Zapatero.
- The jewelry, found in a safe, was appraised by the Ansorena jewelry house and certified by the Spanish Gemological Institute.
- The appraised value significantly exceeds Zapatero's initial estimate of 30,000 to 50,000 euros, which he attributed to family inheritance and gifts.
Spanish authorities have seized a collection of jewelry valued at approximately 1.3 million euros from the office of former Prime Minister José Luis Rodríguez Zapatero. The discovery was made by the Economic and Fiscal Crimes Unit (UDEF) of the National Police during an operation on May 19th.
The extensive collection, including watches, bracelets, rings, and earrings, was found in a safe within Zapatero's office on Calle Ferraz in Madrid. This location also houses the headquarters of the PSOE political party. The police operation was part of the ongoing Plus Ultra case, led by investigating judge José Luis Calama of the Audiencia Nacional.
The jewelry was appraised by the renowned jewelry house Ansorena. For the most valuable pieces, including sapphires, rubies, and emeralds, the Spanish Gemological Institute provided certification. This detailed valuation significantly contrasts with Zapatero's earlier claims, reportedly communicated through journalist Luis Arroyo, that the items were family heirlooms and gifts, valued between 30,000 and 50,000 euros.
The police unit has since delivered the appraisal report and the jewelry to the investigating judge. The seizure adds a new layer of complexity to the Plus Ultra case, which already involves international ramifications in China and Venezuela. The discrepancy between the official valuation and Zapatero's stated estimate has become a focal point of media attention.
The final appraisal of the lot of jewelry seized by the Police in the office of the former President of the Government José Luis Rodríguez Zapatero puts the total value at around 1.3 million euros.
Originally published by El País in Spanish. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.